I share with you everything I've learned about whole selling Real Estate's. Where you actually don't need your cash, you don't need good credit. You're able to tie these props you up on the contract and legally able to assign that contract over to an end buyer. Which is the person but has the cash to buy the property. Whether they gonna fix and flip it, clean it up and I'll rent it out. But that's going to be your end buy and you're able to assign the contract over to that buyer. And make a lump sum of money in between. I want to share with you is how to pick a good title company to work with.

If you are having heard this term where they call you to want to pick investor friendly title company. Which means the title company has to understand. How to do an assignment contract deal, they got to understand? What a double closing is? What an assignment closing is? The best way to find a good title company in your area. Go to your local area or your local meet up and ask other wholesalers. The wholesaler that has done deals successfully before or maybe other investors in your area. They should be able to know a good title company to refer you. If you couldn't do that then go ahead and Google local title company in your area, I didn't even know what a title company is?

Find Your Local Title Company

When I first started out you a title company is a third-party company. And that will help you close this transaction. Basically, you want to find one that understands assignment agreement and that have worked with an investor. Before, what you want to do is Google up your local title company ask them “hey do you guys do an assignment contract and do you guys do double closing?” You want to ask them - have they done a double closing or an assignment contract before? If they say “yes” I would always send in the purchase and sale agreement included in the assignment agreement. They understand exactly what you're trying to do.

I had when we forget our first deal, actually, I went with a title company and I didn't know that they say "yes" on the phone. When we started to get the deal and then send in the assignment agreement and they purchase and sell. They said, "we can't do this". What I end up having to do is having to trust the buyers to pay me outside of escrow. Which means, they close on the property and then after the closing, you meet up with them and then they pay you. It's really a hassle and you got to trust your buyer. Which you don't want to leave it up to your buyers to make the decision when to pay you.

Make Sure Everything Is Good Before Your Deal

You just want to make sure the, once the transaction is closed. The title company will call you up, you have a check ready for you or they can wire it to your bank account. Even if the title company said, they do understand what it is. If I were you, I'll set it in the purchaser sell and the assignment agreement have them look over. Then make sure everything is good and solid and ready to go. Once you have that title company picked out, you're good to go out there. You'll find your deals; you send that agreement and the purchase and sale agreement into them. They'll get everything taking care from A to Z. 

If they have any question, they should be able to contact you. Then just make sure that the transaction flows smoothly and the closing successfully is done. If you haven't already found a good title company that is a good way to go ahead. Start finding a good title company to work with. Because they are very-very crucial to your business when it comes to closing these transactions.